UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 12, 2007
infoUSA Inc.
(Exact name of Registrant as specified in its charter)
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Delaware
(State or other jurisdiction of incorporation)
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0-19598
(Commission File Number)
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47-0751545
(IRS Employer Identification No.) |
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5711 South 86th Circle
Omaha, Nebraska
(Address of principal executive offices)
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68127
(Zip Code) |
Registrants telephone number, including area code: (402) 593-4500
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
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Item 5.02. |
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Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers. |
On October 12, 2007, infoUSA Inc. (the Company) and Monica Messer, Chief Operations Officer
of the Company, entered into a Separation and Consulting Agreement (the Agreement). As announced
previously, Ms. Messer resigned from her position as Chief Operations Officer of the Company
effective October 1, 2007.
The Agreement provides that Ms. Messer is entitled to receive her regular compensation and
benefits as Chief Operations Officer of the Company through October 1, 2007. The Agreement also
provides that the Company will engage Ms. Messer as a consultant for a period of two years
effective as of October 2, 2007, subject to earlier termination in the event Ms. Messer
discontinues the provision of consulting services to the Company or if Ms. Messer violates any of
the terms of the Agreement, after giving effect to applicable notice and cure provisions (the
Consulting Period). The Company will pay Ms. Messer a consulting fee of $40,000 per month during
the Consulting Period. Ms. Messer has agreed that she will not compete with the Company or solicit
the Companys customers for a period of two years after termination of her employment. The
Agreement also includes a release by Ms. Messer of any claims she may have against the Company
relating to her employment.
The foregoing description of the Agreement does not purport to be a complete summary of all
terms in the Agreement and is qualified in its entirety by reference to the complete text of the
Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and is
incorporated herein by reference thereto.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. |
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Description |
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10.1
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Separation and Consulting Agreement, dated October 12, 2007, between infoUSA Inc. and Monica
Messer |